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The Association of Member-Directed Pension Schemes (AMPS) has rejected a call to outlaw SSAS schemes to cut down on pension scams and says it is “stunned” the idea has been proposed.

An executive director at The Pensions Regulator has called for pension transfers to SSAS to be banned.

The industry body representing Sipp and SSAS providers has handed out a trio of Honorary Lifetime Memberships.

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